Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Demand for new-production business jets “showed signs of perking up” in the second quarter, JPMorgan North American Equity Research notes in its latest monthly business jet market update. However, it is perturbed about macroeconomic concerns. “Updates from the business jet OEMs were generally encouraging, though mixed signals persist,” said JPMorgan aerospace analyst Joseph Nadol III. The firm notes that the gap between the “healthier high end and the still sluggish lower end remained in place, with the strongest numbers coming from Gulfstream.” JPMorgan believes the sustainability of the business jet market recovery will depend in large part on macro developments, which have shown much volatility over the past few weeks. “If another recession begins, the good news for bizjets is that a recovery never took hold in earnest, so the main risk is that it is simply pushed out further,” said JPMorgan. Since <a href="?q=node/30780">second-quarter deliveries reported by GAMA</a> were 57 percent off the peak in the second quarter of 2008, “the risk of another downturn of similar magnitude looks minimal,” it concluded. “We do believe that bizjets are somewhat insulated from further [production] rate cuts.”

Bizjet Market ‘Perking Up,’ Says JPMorgan

Demand for new-production business jets “showed signs of perking up” in the second quarter, JPMorgan North American Equity Research notes in its latest mon

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